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This name is well suited to an AR or VR brand.
The name "Cayvr" has only five letters and only one syllable. Mono-syllable names are extremely rare and highly valuable. Leading companies using one syllable names include Nike, Path and Chase.
Cayvr.com is a dot com domain. Dot com domains are the most valued domain extension in the world, used by famous websites like youtube.com. Once you own a dot com, it will be much easier to rank for your own name in Google.